LBMC Technology Solutions is excited to announce it has been named as one of the world’s premier managed services providers in the prestigious 2023 Channel Futures MSP 501 rankings, for the second year in a row. LBMC Technology Solutions has been selected as one of the technology industry’s top-performing providers of managed services by the editors of Channel Futures. The annual list, selected by the editors of Channel Futures, identifies the industry’s best-in-base businesses growing via recurring revenue and innovation. “We are thrilled to be included in this year’s 2023 MSP 501 List,” said Stacy Schuettler, CEO of LBMC Technology Solutions. “We are proud of the  confidence and trust our clients and partners have invested in us during our more than 25-year history and we are excited to continue our mission of providing excellent technical support to growing organizations.”  

For the past 17 years, managed service providers (MSPs) from around the globe have submitted applications to be included on this esteemed and definitive listing. The Channel Futures MSP 501 survey examines organizational performance based on annual sales, recurring revenue, profit margins, revenue mix, growth opportunities, innovation, technology solutions supported, and company and customer demographics. 

MSPs that qualify for the list must pass a rigorous review conducted by the research team and editors of Channel Futures. It ranks applicants using a unique methodology that weighs financial performance according to long-term health and viability, commitment to recurring revenue and operational efficiency. This is LBMC Technology Solutions’ second straight year to appear on the list.  

“To be included with so many other distinguished organizations is an honor for our team,” said Robert Powell, Chief Delivery Officer of Network Engineering at LBMC Technology Solutions. “We always strive to provide thoughtful leadership, excellent customer service to all of our clients. Inclusion in this year’s list of MSP 501 honorees is a testament to the great work our team members do for our clients each day.”  

This year’s list once again attracted a record number of applicants, making it one of the most competitive in the survey’s history. Winners are being recognized on the Channel Futures website and will be honored at a special ceremony at the Channel Futures MSP Summit + Channel Partners Leadership Summit, October 30 – November 2, in Miami Beach, Florida. 

Since its inception, the MSP 501 has evolved from a competitive ranking into a vibrant group of innovators focused on high levels of customer satisfaction at small, medium and large organizations in public and private sectors. Today, many of their services and technology offerings focus on growing customer needs in the areas of cloud, security, collaboration and support of hybrid work forces. 

“The 2023 Channel Futures MSP 501 winners persevered through challenging times to become the highest-performing and most innovative IT providers in the industry today,” said Jedd O’Heir Channel Futures senior news editor and MSP 501 Project manager. “The MSP 501 ranking doesn’t award MSPs solely on their size and revenue. It acknowledges the business acumen, best practices and trusted advice they deliver to customers every day. They deserve the honor.” 

“We extend our heartfelt congratulations to the 2023 winners, and gratitude to the thousands of MSPs that have contributed to the continuing growth and success of the managed services sector,” said Kelly Danziger, General Manager of Informa Tech Channels. “These providers are most certainly driving a new wave of innovation in the industry and are demonstrating a commitment to moving the MSP and entire channel forward.” 

Background: 

The 2023 MSP 501 list is based on confidential data collected and analyzed by the Channel Futures editorial and research teams. Data was collected online from February to May 2023. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin and other factors. 

About LBMC Technology Solutions: LBMC Technology Solutions is a full-service business technology support firm headquartered in Nashville, TN specializing in cloud accounting and ERP solutions, Managed IT Services, Cybersecurity and Intelligent Automation. Since 1996, LBMC Technology Solutions (www.lbmctech.com) has grown into a national technology consulting firm which provides companies with comprehensive suite of back office solutions to include best-in-class business software, custom software development and integrations, and a complete portfolio of network infrastructure IT services. LBMC Technology Solutions has three locations in the Southeast, servicing clients across the United States and was recently named a 2022 Best Place to Work.  

 LBMC Tech’s managed IT services and IT support services help businesses accelerate their digital transformation. Additional services include accounting software, help desk support, computer and network monitoring and cybersecurity services. Providing tech support and IT monitoring and managed services for small business, growing business and IT staff support for Enterprise. 

About Channel Futures: 

Channel Futures is a media and events platform serving companies in the information and communication technologies (ICT) channel industry with insights, industry analysis, peer engagement, business information and in-person events. We provide information, perspective, and connection for the entire channel ecosystem. This community includes technology and communications consultants, integrators, sellers, MSPs, agents, vendors and providers. 

Our properties include the Channel Futures MSP 501, a list of the most influential and fastest-growing providers of managed services in the technology industry; Channel Partners events, which delivers unparalleled in-person events including Channel Partners Conference & Expo, the MSP 501 Summit and Channel Partners Europe; and Allies of the Channel Council (ACC) and DEI Community Group, our initiatives to educate, support and promote diversity, equity and inclusion (DE&I) in the ICT channel industry. Channel Futures is where the world meets the channel; we are leading Channel Partners forward. More information is available at channelfutures.com. 

Channel Futures is part of Informa Tech, a market-leading B2B information provider with depth and specialization in ICT sector. Every year, we welcome 14,000+ subscribers to our research, more than 4 million unique monthly visitors to our digital communities, 18,200+ students to our training programs and 225,000 delegates to our events. 

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